EUR/USD Trading Higher, Italian Business Confidence Edges Down

EUR/USD is trading at 1.0623, up 0.0048. The pair is trading choppy during early forex trading in the U.S. Market talk about European headline news and money flows has kept both buyers and sellers active overnight. Italy's National Institute of Statistics (ISTAT) reported that consumer confidence edged down during November to 107.9 from 108 in October and business confidence slipped to 102.0 from 102.9.